Michael Saylor is giving away bitcoin in meme competition

Michael Saylor regularly complains about bots on Twitter and fake YouTube Lives using his name to run scams. This time, however, it is the billionaire founder of MicroStrategy who is handing out bitcoin to his followers.

To better understand the story, MicroStrategy opened a Lightning Network developer job last week. However, researcher Eric Wall doubted Saylor used LN often, thinking it was just marketing.

“Do you think Michael Saylor has made more than three Lightning trades in his life?”

In response, Saylor not only stated that he uses it, but also decided to donate 3,000,000 satoshis (0.03 BTC). The contest is simple, whoever has the most likes on their memes wins.

“The correct answer is yes, and I will make three more trades of 1,000,000 sats each for the 3 people with the Lightning memes️ [Network] most likes in the comments below.”

meme competition

Michael Saylor seems to have picked the game well, after all, everyone loves to see memes. In total, his tweet has already received more than 2,000 responses and the live coins the best selected.

“Shitcoinheiros if you tell them LN exists.”

“Bitcoin Can’t Scale.”

“Use cases of a shitcoin/Lightning Network.”

Lightning Network leaves payment companies behind.

“They don’t know, but Lightning will be a part of their lives.”

“Bitcoin on Lightning = All Feelings”

“There is no second best.”

What is the Lightning Network?

In case you are unfamiliar, the Lightning Network, also known as net LN, is a second-tier Bitcoin solution that allows transactions to be performed instantly and for a fee close to zero.

This week, yet another McDonald’s started accepting Bitcoin with Lightning and the videos show how this technology manages to compete with others already popular, such as credit cards.

Finally, you can also find a complete guide to the Lightning Network at live coins if you are more interested in getting to know her.

As for Michael Saylor, the billionaire believes that LN can solve the problem of bots in social networks, among other uses. Their solution is to charge small amounts of BTC for using the platform, making such attacks more expensive.

Source: Live Coins

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